- Mercia Technologies confirms a follow-on investment of £1.0m into nDreams Ltd, one of UK's largest independent developer and publisher solely focused on virtual reality (VR) gaming and experiences content.

Mercia's investment is part of a £2.0m funding round alongside a group of angel investors.

The pricing of this funding round endorses Mercia's recent Half Year Results fair value assessment of its holding in nDreams. Since IPO, Mercia has invested £5.1m in nDreams and the Group now holds 41.0% of nDream's total issued share capital.

This additional capital will enable nDreams to further penetrate the VR market which, according to research from Digi Capital, is estimated to reach $30.0bn within the next four years. Having launched its award-winning game,

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